Fund Profiles

Mawer Global Equity Fund Profile

  • As at September 30, 2016
  • Morningstar RatingTM: 5Stars RED
  • Fund Managers:
    Paul Moroz, CFA
    Jim Hall, CFA
    Christian Deckart, CFA, Ph.D
  • Fund Inception Date: October 22, 2009
  • Fund Net Asset Value: $2,301.6 million
  • Total Net Asset Value (Series A): $442.6 million
  • Net Asset Value Per Unit: $23.07
  • RRSP Eligibility: Yes
  • Management Expense Ratio: 1.34% (as at Dec 31, 2015)
  • Trading Expense Ratio: 0.10%* (as at Dec 31, 2015)
  • Fund Code: MAW120

Ready to Invest?

What does this Fund Invest In?

The Fund invests in equity securities of companies from around the world. The Manager will allocate capital to the best global opportunities, which may include both large and small capitalization companies. Treasury bills or short-term investments, not exceeding three years to maturity, may also be used from time to time.

Investor Suitability

Investors seeking long-term above-average growth who can tolerate equity volatility. Medium to high risk.

Investment Strategy

In order to achieve its investment strategy objectives, the Manager systematically creates a broadly diversified portfolio of wealth-creating companies with excellent management teams bought at discounts to their intrinsic values. The Manager employs a highly disciplined, research-driven, bottom-up process and long-term holding period to allow for investor recognition or corporate growth, and to minimize transaction costs.


Net Performance

 

1-Yr

3-Yr

5-Yr

10-Yr

Mawer Global Equity Fund

11.8

16.4

18.3

-

MSCI World Index (Net)

9.2

14.9

16.9

-


Number of Holdings1:

74

Number of Countries1:

16


Top 25 Holdings

% Share

Becton, Dickinson and Company

4.0

Aon plc

3.8

IHS Markit Ltd.

3.4

Wells Fargo & Company

3.2

[Cash]

3.0

S&P Global, Inc.

2.9

Alphabet Inc. Class C

2.9

BlackRock, Inc.

2.9

Verizon Communications Inc.

2.7

China Mobile Limited

2.6

Roche Holding Ltd Genusssch.

2.5

Novartis AG Sponsored ADR

2.5

JPMorgan Chase & Co.

2.1

DCC Plc

2.0

Johnson & Johnson

1.9

Constellation Software Inc.

1.9

Deutsche Boerse AG

1.8

Procter & Gamble Company

1.8

Brookfield Asset Management Inc. Class A

1.7

Halma p.l.c.

1.7

Nihon Kohden Corporation

1.6

Intertek Group plc

1.6

Swisscom AG

1.5

Rogers Communications Inc. Class B

1.5

Lawson, Inc.

1.5


1 Equity holdings, excluding cash.

* The trading expense ratio represents total commissions and other portfolio transaction costs expressed as an annualized percentage of daily average net assets during the year.

 Mawer Fund returns are calculated after management fees and operating expenses have been deducted. In comparison, index returns do not incur management fees or operating expenses.

 

Read Full Disclosure

This document is for information purposes only. Before investing, please consult the simplified prospectus, available at www.sedar.com, and the Fund Facts. Both documents provide additional information about the funds.

Mutual funds are not guaranteed. Values can change frequently and past performance is not indicative of future performance. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. (Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per share or that the full amount of your investment will be returned to you.)

Performance returns for the Mawer Mutual Funds are calculated by Mawer Investment Management Ltd. These returns are historical simple returns for the 1 year period and are annualized compounded total returns for periods after 1 year. They include changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.

Index returns are supplied by a third party – we believe the data to be accurate, however, cannot guarantee its accuracy.

© 2016 Morningstar Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) in not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Ready to Invest?

Learn more

 

Questions? We're here to help.

Phone: +1 403 262 4673
Toll-Free: +1 800 889 6248
Email: investing@mawer.com